“So says oil to everyone who trades it!”
And so here we are, back in the upper 50’s, bouncing around and taking stops to
the cleaners … one day it’s buy stops, and the next it’s sell stops … the fun never
ends, although your account keeps going lower looking for a trend where there
isn’t one … so what else is new here?
A little bit bigger range today, but I get the feeling the bulls are losing hope … not
being able to get over the $60 hump with any conviction, thoughts turn to selling
… outside of the U.S., the economic numbers are simply atrocious, and if you’re
betting the thugs & dictators that run OPEC will stick to production cuts, I got
beachfront property in Kansas to show you.
Onto tomorrow … until then mi amigos … Onward & Upward!!
Have a great day everybody!
-vegas
No comments:
Post a Comment